SaaS Innovators Tap myOneLogin for Cloud-Based Identity Services

LOS GATOS, Calif., March 1 /PRNewswire/ -- TriCipher, a leading provider of Internet identity services, just announced that the company is seeing significant traction with Software-as-a-Service (SaaS) technology providers in 2010.  Within the last 3 months, TriCipher has signed nearly a dozen new SaaS technology innovators including companies like Advantec, Alkami Technology and NetDeposit.

Identity services are an absolute necessity for every SaaS application because of emerging online threats like phishing and targeted password theft schemes.  However, resources spent internally implementing identity management technology take critical hours away from innovators building and improving their original product.

myOneLogin makes it easy, quick and seamless for SaaS technology innovators to embed core identity services into their SaaS solutions like strong authentication, standards-based federation and single sign-on functionality. These services help ensure that SaaS application users are safe from online threats. Users get instant access to all of their applications from any location at any time.

Technology innovators can potentially reach millions of users with their SaaS applications and through myOnLogin's scalable on-demand solution they can choose the specific services that they need most:

• Advantec is using myOneLogin to support single sign-on to multiple properties and provide a simple, standards-based federation interface to partners.
• Alkami Technology is using myOneLogin to integrate strong authentication with Microsoft Windows Identity Framework (formerly Geneva) claims-based authentication.
• NetDeposit is using myOneLogin to offer customers multi-factor authentication for Web-based payment services.

myOneLogin Identity Services make it easy for developers to tap into a full range of identity protection and federation technologies. With myOneLogin, in-house experts don't need to custom develop strong authentication functionality with support for multiple federation standards like SAML, ADFS or OpenID. Instead, these technologies are accessible as on-demand services, with simple APIs for easy application integration. TriCipher's core technology is the foundation for myOneLogin and it actively protects more than six million credentials worldwide and creates private clouds for the banking and finance industry.

"myOneLogin has a clean, thin architecture, with a simple, non-invasive integration model," said Bradley Rhine, CIO of Advantec. "And because it is in the cloud, myOneLogin gives us highly-reliable, secure, evolving and standards-based authentication and federation without the cost or effort of deploying and maintaining heavyweight identity management."

"Using myOneLogin, we can de-couple authentication from our application and focus on online banking innovation," said Stephen Bohanon, President at Alkami Technology.  "We manage authorization and permissions within our Oxygen Platform using Windows Identity Framework, and use myOneLogin's multi-protocol federation to link authenticated customers to our platform."

"Password-based authentication and online identity are increasingly sensitive topics for SaaS providers, so they need to be sure to do it right," said Kyle Austin, VP Engineering at TriCipher. "myOneLogin is the only 'one-and-done' identity service available today.  By packaging TriCipher's expertise in strong authentication and federation as cloud-based services, we are helping SaaS providers strengthen application access and build partnerships in the cloud."

For more information on myOneLogin Identity Services, please visit www.myOneLogin.com.

About TriCipher

TriCipher, Inc. provides Internet identity services to protect web and enterprise portals, the people that use them and the business processes that flow through them against fraud and identity theft. TriCipher myOneLogin™ is the first secure, cloud based identity service that delivers strong authentication, single sign-on (SSO) and federation capabilities for web applications in a single solution. The TriCipher Armored Credential System™ (TACS) is a unified authentication system that enables companies to create private clouds with multiple types of credentials from a single infrastructure. Through this flexible "Authentication Ladder," TriCipher protects customer investment by adjusting authentication strength to defeat new threats and to meet regulatory changes without the need to implement a new infrastructure. Founded in 2000, TriCipher is headquartered in Los Gatos, Calif. The company is funded by ArrowPath Venture Capital, EPIC Ventures, Intel Capital, RBC Technology Ventures, and Trident Capital.

About Alkami

Alkami Technology is a privately-owned software company focused on providing eBanking solutions to the financial services industry.  Alkami's eBanking solution represents a quantum leap forward in the level of control and customization given to the institution while revolutionizing the user experience provided to customers and members. With its modern interface, customizable feature set, intelligent content delivery, and financial management tools, Alkami eBanking enables institutions to build stronger relationships with their customers via the online channel. Learn more about Alkami eBanking and our Oxygen Platform by visiting our website at www.alkamitech.com

About NetDeposit

NetDeposit enables businesses to streamline revenue collection and management with proven payment technologies. NetDeposit's ProviderPay^TM service has been helping pharmacies take control of their payment data and utilize this information to its full advantage.  NetDeposit, LLC, is a subsidiary of Zions Bancorporation (NASDAQ: ZION). For information call (801) 716-4800, email [email protected] or visit http://www.netdeposit.com/.

SOURCE TriCipher, Inc.